Eight buildings totaling 1.5M SF are on the federal government’s chopping block.
The General Services Administration identified a new slate of properties across seven states and D.C. that it wants to dispose of as part of its portfolio reduction efforts, it announced Wednesday. It said offloading the properties would save taxpayers more than $475M over 10 years.
“The actions we’re announcing today demonstrate our commitment to accelerating the disposition of federal buildings that don’t use taxpayer dollars effectively — and the opportunity to do even more with full access to the Federal Buildings Fund,” GSA Administrator Robin Carnahan said in a news release.
The properties are:
- 301 Seventh St. SW, Washington, D.C.
- Brickell Plaza Building, Miami
- Charles A. Halleck Federal Building, Lafayette, Indiana
- Bismark Federal Building, Bismarck, North Dakota
- James V. Hansen Federal Building, Ogden, Utah
- Gus J. Solomon U.S. Courthouse, Portland, Oregon
- Richard B. Anderson Federal Building, Port Angeles, Washington
- Montpelier Federal Building, Montpelier, Vermont
The dispositions can come in the form of sales, exchanges or transfers.
The D.C. property, called the Regional Office Building, is 845K SF and was built in 1933. The GSA halted its plans to relocate the Federal Emergency Management Agency to the property, the Washington Business Journal reported this summer.
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